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FinTech

The Isle of Man has established itself at the forefront of the Fintech industry due to its technical infrastructure, reputation, regulation and legal system. All these factors are driving a thriving and growing Fintech industry. 

The industry predominantly encompasses areas of trading and transactions in digitial / Crypto currency (i.e Bitcoin / Ethereum), ICO (Initial coin offerings) and the development and provision of a range of services delivered through blockchain technology.

  

Services

  • Establishment & management of appropriate structure
  • Regulatory advisory, application and administration – Designated Business (DNFBP)
  • Sourcing Fintech expertise in the Isle of Man (legal/ technical)
  • VAT registration and administration
  • Tax compliance
  • ICO (Initial Coin Offering) – advisory and implementation
  • Banking and financial control
  • Access to loan and equity funding available via the Isle of Man Enterprise Development Scheme.
  • Access to the Financial Assistance Scheme available on up to 40% capital expenditure (on successful application)
  • Bookkeeping and financial reporting